Attention Investors!!! An excellent investment opportunity in the heart of Midtown! This 9-unit apartment complex offers a mix of 1- and 2-bedroom units, each with 1 bathroom, and is currently 100% occupied, providing immediate income for a new owner. Monthly rents range from $600 to $800 per unit, offering strong and consistent cash flow potential. Each unit is equipped with window air-conditioning units and are all electric, with city water and city sewer service. All apartments include a stove and refrigerator (except for one unit where the refrigerator belongs to the tenant). The property also offers on-site parking for residents. Located in a fantastic Midtown location, the property is convenient for dining, shopping, and entertainment, with easy access to major thoroughfares providing quick connectivity to all areas of Mobile. With strong occupancy, a desirable location, and steady rental history, this property presents a great opportunity for investors seeking a well-located income-producing asset. Buyer to verify all information during due diligence.
Property Features
Cooling Information
Window Unit(s)
Heating Information
None
Water Features
Public
Fire Place
None
School Information
School Information for 203 Mohawk Street ST, Mobile, AL 36606
Elementary School
Leinkauf Elementary
Middle School
Booker T. Washington Middle
High School
Murphy High
Listing Courtesy: L L B & B, Inc. - 251-342-3200
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Median Listing Price
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Median Square Feet
Market statistics compiled from data from Baldwin County MLS.